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Britain to licence new oil and gas North Sea activity -minister
LONDON, Feb 22 (Reuters) - Britain sees a "good, solid"
future for the North Sea's oil and gas industry and will issue
new licences to expand output in the future, Energy Minister
Greg Hands said on Tuesday.
"We need continued investment into the North Sea," Hands
told the International Energy Week online conference.
The British government will hold new licencing rounds to
explore for more oil and gas resources and ensure that they are
"compatible" with the country's climate obligations to cut
greenhouse gas emissions, he said.
"All these things point towards a good, solid future for oil
and gas," Hands said.
(Reporting by Ron Bousso, Editing by Louise Heavens)

Not sure if you guys have seen this.

Wow. $94

Yes huge upside. Sp currently below the price AM paid for 665k shares.

Regular 50k buys.

Rapid fire order filling now. Mms riding it up.

Fill that gap around 70p

Look at the buying now. Wow.

It’s a gift with the £25m cash in the till.

Connah another example of a gap traders will target is SNG now from 85% down.

It’s both really. You have break away gaps that aren’t filed and exhaustion gaps which are filled.

Gaps are usually targets for traders.

200DMA resistance is what we are chipping away at now. Once through it is very bullish.

Resistance is usually strong around the 200DMA but once you pass it that point becomes support. Again very bullish.

Gaps are usually filled on the chart Connah. Sometimes gaping up above a key indicator such as the 200DMA are not filled, both are bullish indicators for growth.

That 88e deal is awful compared to COPL.

Surely not enough to warrant a £400m cap regardless

For sure iron.

Somebody go over the PANR and highlight how underwhelming they are compared to COPL.

Plus to make hay COPLs well was put straight into production rather than plugging.

COPL 1.6-1.9bn bbls 140BPD UN Stimulated PANR 1.2bn 32BPD Stimulated £60m cap v over £1bn cap

Lol UKOG £1k director buy. Copl £220k

PANR results are stimulated and still lower than COPL’s un stimulated.

News from PANR mad 88e today underlines who under valued COPL is. It trumps both of them.

Compare the caps.